ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

US budget: Spending deal reached as shutdown deadline looms

Mon, Jan 8 2024 12:33 PM
in Ghana General News, International
us budget spending deal reached as shutdown deadline looms
0
SHARES
10
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
ADVERTISEMENT
121318564 tv071716024

US Congress leaders have reached a deal over the total amount of spending for the rest of 2024 as they seek to avoid a partial government shutdown.

The $1.6tn (£1.2tn) figure includes $886bn for defence and more than $704bn for non-defence spending, according to Republican House Speaker Mike Johnson.

However, there appears to be some discrepancy over the numbers.

The deal now needs approval from the House of Representatives and Senate.

They have less than two weeks to finalise funding and stop the suspension of some federal services.

According to a statement from Democrats Hakeem Jeffries and Chuck Schumer – House Minority Leader and Senate Majority Leader respectively – the non-defence spending amount agreed is $772bn.

ReadAbout

One dead, six injured in blast at Rotterdam petroleum storage facility

One dead, six injured in blast at Rotterdam petroleum storage facility

Rescue operation underway as passenger train derails in southern England

Mr Johnson, announcing the deal had been reached in a letter to colleagues, accepted that the amount of funding “will not satisfy everyone, and they do not cut as much spending as many of us would like.”

Republicans have been seeking to freeze overall government spending by cutting some budgets.

Sunday’s deal includes greater protection from cuts to benefits and health – a provision demanded by Democrats.

The House Freedom Caucus, a conservative Republican group within Congress, called the deal a “total failure”.

“Sad to say but the spending epidemic in Washington continues with both parties being culpable,” said Andy Biggs, the group’s former chairman.

In a statement, Mr Jeffries and Mr Schumer said the agreement “clears the way for Congress to act over the next few weeks in order to maintain important funding priorities for the American people and avoid a government shutdown”.

President Biden, meanwhile, said it “moves us one step closer to preventing a needless government shutdown and protecting important national priorities”.

Lawmakers are due to resume negotiations in Washington on Monday following the holiday break and have until 19 January to sort out funding for programmes including transport, housing and energy.

A second load of annual funding, for sectors including defence, expires on 2 February.

The agreement on an overall amount of spending comes after the government in October secured a short-term deal to avoid a federal shutdown temporarily, which was signed into law by President Joe Biden minutes before the deadline.

Shutdowns normally happen when both chambers of Congress are unable to agree on the roughly 30% of federal spending they must approve before the start of each fiscal year on 1 October.

With Republicans holding a slim majority in the House and Democrats holding the Senate by a single seat, any funding measure needs buy-in from both parties.

Repeated efforts to pass spending bills in the House in recent months have been thwarted in recent weeks by rebel right-wing Republicans.

Meanwhile, an agreement has still not been reached on a separate bill which includes a further $50bn of military aid to Ukraine, as Congress continues to argue over migration policy at America’s southern border.

October’s short-term deal to prevent a shutdown excluded new aid for Kyiv in a blow for Democrats, for whom this was a key demand.

Some Republicans argue that any further funding would be detrimental to America’s interests.

Congress has so far approved more than $100bn (£78bn) in military, humanitarian and economic aid to Ukraine since Russia began its full-scale invasion last year.

Negotiations are also continuing about providing further security aid to Israel as it seeks to eliminate Hamas following the 7 October attacks.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

About Author

c16271dd987343c7ec4ccd40968758b74d64e6d6c084807e9eb8de11a77c1a1d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

Deputy Health Minister engages KATH, Kumasi South Hospital over maternal health challenges

Deputy Health Minister engages KATH, Kumasi South Hospital over maternal health challenges

3
Deputy Health Minister engages KATH, Kumasi South Hospital over maternal health challenges

Deputy Health Minister engages KATH, Kumasi South Hospital over maternal health challenges

3

GNFS contains vehicle fire at Suhum Opra Mini Pub

GNFS contains vehicle fire at Suhum Opra Mini Pub

NACOC warns youth against cannabis myths, says it can impair memory and decision-making

Luv FM High School Debate: OWASS and KOSS survive fierce Day 4 battles

Luv FM High School Debate: OWASS and KOSS survive fierce Day 4 battles

GHS receives emergency health kits, 600 cholera tests after June floods

GPHA engages freight forwarders to improve cargo movement through Ghana’s ports

GRA Commissioner-General commends Customs for improved revenue performance

  • Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    0 shares
    Share 0 Tweet 0
  • Haruna Iddrisu urges review of salary disparities between doctors in academia and health service

    0 shares
    Share 0 Tweet 0
  • Heavily armed Burkinabè soldiers arrested in Ghana

    0 shares
    Share 0 Tweet 0
  • No justification for higher GAF entry age – Col. Festus Aboagye (Rtd.)

    0 shares
    Share 0 Tweet 0
  • East Airport land tensions escalate as residents reject “Attorn Tenancy” notices; court orders show no evictions pending

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.